Monthly Inflation Rate Philippines 2024. Central bank sees inflation trending closer to low end of goal; Philippines inflation rate for 2021 was 3.93% , a 1.53% increase from 2020.
Inflation is projected to average at 3.6 percent for 2024, slightly lower by 0.1 percentage point (ppt). Core consumer prices in philippines increased 2.40 percent in october of 2024 over the same month in the previous year.